PORTAL Funding Rate History β Settled Payments by Exchange
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
| 180 | +0.9925% | +12.08% | +0.0232% | +0.0050% | 2026-11-12 12:00 UTC | |
| 180 | +0.9109% | +11.09% | +0.0137% | +0.0038% | 2026-11-12 12:00 UTC | |
| 180 | +0.9005% | +10.96% | +0.0059% | +0.0046% | 2026-11-12 12:00 UTC | |
| 180 | +0.8996% | +10.95% | +0.0052% | +0.0044% | 2026-11-12 12:00 UTC | |
| 180 | +0.8996% | +10.95% | +0.0052% | +0.0044% | 2026-11-12 12:00 UTC | |
| 180 | +0.8996% | +10.95% | +0.0052% | +0.0044% | 2026-11-12 12:00 UTC | |
| 180 | +0.8995% | +10.95% | +0.0062% | +0.0033% | 2026-11-12 12:00 UTC | |
| 180 | +0.8993% | +10.95% | +0.0052% | +0.0041% | 2026-11-12 12:00 UTC | |
| 180 | +0.8832% | +10.75% | +0.0079% | +0.0020% | 2026-11-12 12:00 UTC | |
| 180 | +0.8820% | +10.74% | +0.0107% | -0.0033% | 2026-11-12 12:00 UTC | |
| 180 | +0.2216% | +2.70% | +0.0129% | -0.0554% | 2026-11-12 12:00 UTC |
What the PORTAL funding rate means
What PORTAL actually paid over the last 30 days: 1,980 settlements across 11 venues, broken down venue by venue. These are settled payments β the amount an exchange actually charged or credited each funding interval β not the rate currently quoted for the next payment. KuCoin paid the most over the window at +0.9925% of position size.
A funding rate quoted right now is a forecast of the next payment; what a position actually earned is the sum of payments that already settled. Two venues can quote a similar rate and still pay very differently over a month, because they settle on different schedules and compute the rate from their own order book rather than a shared index. The rate was positive in 98% of the 1,980 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +0.9925% on KuCoin to +0.2216% on Bybit β the gap between them is what a delta-neutral position collecting on both legs would have captured before fees and slippage. Verify the live version of this spread on the ORBIT funding screener before sizing a trade: settled history shows what already happened, not what will happen next.
Frequently asked questions
- Is the PORTAL funding rate a live quote or an actual payment?
- A funding rate quoted right now is a forecast of the next payment; what a position actually earned is the sum of payments that already settled. Two venues can quote a similar rate and still pay very differently over a month, because they settle on different schedules and compute the rate from their own order book rather than a shared index. The rate was positive in 98% of the 1,980 settlements recorded here.
- Which exchange has paid the most settled PORTAL funding recently?
- KuCoin paid the most over the last 30 days at +0.9925% of position size across 180 settlements, an average annualized rate of +12.08%. This is a sum of actual payments, not a forecast.
- How often is PORTAL funding actually paid?
- Over the last 30 days, ORBIT recorded 1,980 funding settlements for PORTAL across 11 venues. Settlement schedules differ by venue β some pay hourly, others every 4 or 8 hours β so the number of payments per venue in the table above is not the same for all of them.